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Research Coins: Electronic Auction

 

Unique

401, Lot: 21. Estimate $1500.
Sold for $5500. This amount does not include the buyer’s fee.

KINGS of MACEDON. Philip III Arrhidaios. 323-317 BC. AV Stater (17mm, 8.56 g, 1h). In the name of Alexander III. Babylon mint. Struck under Archon, Dokimos, or Seleukos I, circa 323-318/7 BC. Helmeted head of Athena right / Nike standing left, holding wreath and stylis; ΔI below left wing. Unpublished, but same obverse die as St. James 38, lot 43, an example of Price 3994 corr. (monogram). Good VF, underlying luster. Apparently unique.


The style of this and the St. James coin, as well as the BM example of Price 3994 (BM 1841,B.704), are identical to the engraver of many of the Philip III “wheel” staters of Price P187–P201. This style reemerges with the first issues of Seleukos I in 311 BC (cf. Price 3749–50), which suggests that these coins were likely struck by engravers who fled Babylon during the occupation of the region by Antigonos I Monophthalmos, and then returned when Seleukos I recaptured the city. Previously, there were no known issues in the name of Alexander that were struck concurrent to the wheel Philips.